According to Coinshares’ last weekly report crypto currency Based investment products drew 4.37 billion dollars in August. Only 2.48 billion dollars entry to the products last week, while the total entrances since the beginning of the year rose to 35.5 billion dollars. However, under the influence of the last retreat in the market, the value of assets under administration decreased by 10 percent to $ 219 billion.
USA maintained its leadership in regional entrances
Coinshares‘s data show that the US was sitting in the leadership seat again with an introduction of $ 2.29 billion last week. Switzerland 109.4 million dollars, Germany 69.9 million dollars and Canada 41.1 million dollars reported entry. On the last day of the week, the outlets dominated, while these outputs are considered to be caused by profit purchases.
As the main reason for the outputs in weekly data, the core announced in the US last week inflation data Showing. Failure to meet the expectations in core inflation brought negative figures on Friday despite the positive picture throughout the week.
Ethereum passed in front of Bitcoin in August
Looking at crypto money basis Ethereum 
$4,434.37 He was the winner of the week with an entry of 1.4 billion dollars. Bitcoin 
$109,062.22 748 million dollars in the second place remained in the second place. However, with a wider perspective, a total of $ 3.95 billion entry into Ethereum in August was $ 301 million out of Bitcoin.
Remarkable movements were also seen in the taste of Altcoins. Solana 177 million dollars, XRP 134 million dollars, CARDANO 
$0.833633 5.2 million dollars, Chainlink 
$23.54 $ 3.6 million input. The increase in interest in Solana and XRP, the increasing optimism of possible ETF applications on the agenda is effective on the basis of the increase in interest. Investor’s interest shifting to different fields other than Bitcoin and Ethereum revealed that diversity has increased in the market.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
